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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Marion at 2510 W 10th St, Marion, IN, 46953 offers a 13.28% rental yield on a $107,000 purchase with $1,184/mo rent. Total monthly income registers $1,184/mo, and a $524/mo payment leaves $541/mo available for distribution. Annual cash flow reaches $6,497/yr on $35,471 to close, and return on cash invested stands at 38.23% in year one. Equity gained on principal adds $690/yr while 5% annual appreciation supports $29,562 over five years. Portfolio math shows five-year ROI at 200.9% and total cumulative return in cash at $71,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,184/mo property income against a $524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Sold | $107,000 |
| 2024-11-26 | Pending sale | $89,900 |
| 2024-09-08 | Listed for sale | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | N/A | N/A | $51,300 | 3.43% |
| 2023-11-02 | N/A | N/A | $49,600 | 4.64% |
| 2022-11-02 | N/A | N/A | $47,400 | 13.13% |
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434631
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
